Sekisui House (OTCMKTS:SKHSY) Share Price Crosses Above Fifty Day Moving Average – What’s Next?

Sekisui House Ltd. (OTCMKTS:SKHSY)’s stock price crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $23.23 and traded as high as $23.25. Sekisui House shares last traded at $22.24, with a volume of 117,437 shares.

Sekisui House Stock Performance

The company has a market capitalization of $14.42 billion, a price-to-earnings ratio of 9.34 and a beta of 0.41. The stock’s 50 day moving average price is $23.23 and its 200 day moving average price is $22.54. The company has a current ratio of 2.55, a quick ratio of 2.55 and a debt-to-equity ratio of 0.62.

Sekisui House (OTCMKTS:SKHSY) last released its earnings results on Thursday, March 5th. The construction company reported $0.84 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.92 by ($0.08). Sekisui House had a net margin of 5.51% and a return on equity of 11.12%. The company had revenue of $8.03 billion during the quarter, compared to analyst estimates of $8.51 billion.

About Sekisui House

Sekisui House, Ltd. is a leading Japanese homebuilder founded in 1960 and headquartered in Osaka, Japan. The company specializes in the design, construction, and sale of residential properties, positioning itself at the forefront of the nation’s housing industry. Since its inception, Sekisui House has emphasized quality craftsmanship, innovative building methods, and sustainable design, building a reputation for reliable and long-lasting homes.

The company’s core business activities encompass the development of single-family homes, condominiums and rental housing, along with community and urban redevelopment projects.